Although remittances from overseas Filipino workers (OFWs) continue to rise, with a whopping $21.4 million (about P877.4 million) sent to the country last year, all that money does not necessarily translate to a financially secure future for the Philippines’ “new heroes.”
After the holidays, many of our kababayan express regret over spending too much. According to Bantay OCW financial counselor Joyce “Josa” Delovieres, overseas Filipino workers (OFWs) consume a large part of their earnings on luxuries and modern gadgets.
In today’s economy, every dollar counts and convenience is critical as peoples’ lives get busier. To help address both, Western Union is now offering a “No Transfer Fee” promotion on qualifying transfers and other promotions for U.S. customers sending money online to the Philippines.
UK-based remittance company Xpress Money has stressed the need for overseas Filipino workers (OFWs) to be educated on investing their savings.
Premier online money transfer company Xoom.com has announced its partnership with the national carrier, Philippine Airlines. First-time Xoom customers who send money to the Philippines between April 10, 2012-December 31, 2012 are entitled to 2,500 bonus Mabuhay Miles.
Filipinos are known for their celebratory spirit and their spirit of gift giving. With over four million Filipinos in the US, Western Union launched the convenient $50 for $5 product that facilitates long-distance gift giving.
Veteran actor Robin Padilla finds his latest starring role as MoneyGram International’s new celebrity endorser.
Premier online money transfer company Xoom.com has partnered with Goldilocks, the well-loved Filipino bakeshop chain. First-time Xoom customers who send money to the Philippines between February 16, 2012-May 15, 2012 are entitled to a $25 Goldilocks gift certificate.
Xoom.com, the fastest growing online money transfer company has launched its fully optimized mobile site that enables users to send money worldwide, right from their mobile device
24/7 Card, a financial services company supported by world boxing champion and Philippine congressman Manny Pacquiao, has announced the launch of its Ambassador Program that lets participants test the company’s upcoming product: the powerful new 24/7 Visa Prepaid Debit + Remit Card (“24/7 Card”).
MANILA, Philippines – Publicly listed i-Remit, Inc., the largest non-bank remittance company in the country, will start operating out of Italy this August as part of its expansion in Europe. I-Remit disclosed to the Philippine Stock Exchange on Friday that it recently acquired authorization from the Financial Services Authority in London and Banca D’Italia of [...]
ENGLEWOOD, Colo.—From May 2 through July 10, 2011, The Western Union Company, a global payments leader, is offering a back-to-school promotion that gives money transfer senders to the Philippines not only an opportunity to send a special gift for the future of their children, but also chances to win up to $1,000 in a weekly [...]
